You are not listening. I am distinguishing between the company and the stock. You are putting the two together.
If the market were a perfect place, then they would be. It is not. that is WHY there are opportunities. And why stocks are overvalued. Because the market is imperfect.
"You keep saying
The company is doing great. Great for who? 6 quarters of profit and it has been dropping like a rock. I do not give a hoot about PE ratios. I want to see progress"
You want progress. I contend that 6 quarters of growing revenue and growing profits IS progress. You ARE seeing progress. What you r3eally are saying is you want the stock price to go up. Not progress. Stock price. (I agree by the way. I do too!) But in the imperfect world, the COMPANY can be doing better and better, and the stock NOT do better. As is happening here. Separate the two, and you will see that the company IS doing better. 6 quarters of growing profits IS progress. Stock dropping IS stock undervalued. The two are disconnected. You are tying the two together and saying if the stock is down then there is no progress. You also don't care about PE ratios. Or earnings. or ANYTHING except the stock price going up. Then play the momo stocks, and watch stocks with no revenues and no earnings and no hope go up through the roof just because they get the momo. The stock goes up and the company is worthless. Right now, this company is building value. That value should be reflected in the price. And someday I think it WILL be. For now, it is not. Last time I'll say it - that means there is an opportunity to buy low. Then be patient (You may have to look that word up) and wait for the stock to reflect what the company is doing. A company doing great is not "for who" (Which would be for whom, by the way,) but as a fact. the for whom is when the stock catching up to the value the company is building. I really don't think you have a grasp on the difference between a company and a stock. But still - good luck to you on your plays. I hope you do well.
